[JSL23]

I have funded a decent of Auto Sales shops(usually 1st positions only), but am having a hard time getting one a 2nd position at the moment, as his initial round of funding was about 30 days ago. He is expanding and has a big promotion for July 4th weekend, as well as another one Labor Day weekend. Other than YS I do not know of any Lenders that will do this...needs $20k-$30K, preferably 6 month term with weekly payments(if possible).

-$50k-$60K/month
-balance is approximately $30K w/current Lender
-credit is average(high 500s-low 600s)
-pretty consistent revenue, hardly any NSFs

Direct Lenders only please, any help would be appreciated

[abfunders]

FYI in your search/pitch: That's not called average credit. That's called bad credit.
https://www.valuepenguin.com/average-credit-score
"The average FICO score in America is 695 and the average Vantage score stands at 673. "

[ESE5020]

I have funded a decent of Auto Sales shops(usually 1st positions only), but am having a hard time getting one a 2nd position at the moment, as his initial round of funding was about 30 days ago. He is expanding and has a big promotion for July 4th weekend, as well as another one Labor Day weekend. Other than YS I do not know of any Lenders that will do this...needs $20k-$30K, preferably 6 month term with weekly payments(if possible).

-$50k-$60K/month
-balance is approximately $30K w/current Lender
-credit is average(high 500s-low 600s)
-pretty consistent revenue, hardly any NSFs

Direct Lenders only please, any help would be appreciated

We can look at this, not sure about 20-30k thats pretty low revenue for Auto Sales. But should be able to give an offer

[dfite]

WBL can look at this and be able to ignore that first position when pricing it out. Give me a call!

[JSL23]

Thanks for the nit pick...I'll be more specific- average credit for someone seeking a short term 2nd position....

[JSL23]

WBL can look at this and be able to ignore that first position when pricing it out. Give me a call!

We may send it to you guys actually. Finding out about collateral

[patrickw]

Cooper/Pearl/Kash and Mantis lol :P

[SFllc]

I would try Knight. They do New and Used dealerships.

[freeprocessing]

I would try Knight. They do New and Used dealerships.

Pearl and RDM. Minimum credit scores though. If you find a lender that would do a weekly on used cars let me know.

[PC Cooper]

let us give it a shot!

[Kevin Henry-Seacoast]

I can tell you who not use STAY AWAY from Prompt Capital Funding!!! These guys claim to be a direct Funder and they are an ISO. They said they would pay ten points on the deal that I sent them and now they paid me nothing. I am taking them to Court.

Please stop copying and pasting this on every thread. It is quite annoying!

KH